Fraud Alerts/Scams

IDENTITY THEFT FRAUD ALERT

Each year, millions of Americans fall victim to scams perpetrated from all over the globe. Although it is difficult to determine exact figures, the Federal Trade Commission (FTC) estimates that, last year alone, more than $1.7 billion was lost due to fraudulent activity. While exact figures are not available, it is also estimated fraud losses total in the hundreds of millions of dollars in Colorado alone.

Consumer education is the best weapon in the fight against fraud; therefore, being knowledgeable of the tactics used by scammers will greatly reduce your chances of becoming a victim.

VEHICLE TITLE FRAUD ALERT

NMVTIS was created to protect consumers from vehicle fraud and unsafe vehicles. AAMVA has developed a video to raise awareness of NMVTIS and its potential use by anyone considering buying a used vehicle. State agencies use NMVTIS information as part of their vehicle titling process, consumers would benefit from using the same system. Before purchasing a used vehicle please watch this video.